Real Estate in shows signs of recovery in Indore

Bhopal | Saturday | 4th July, 2020

Summary:

After the lockdown period, as the people are getting more relaxation in Indore district people have started sale and purchase of the houses and plots. The district registrar office Indore earned the revenue of around 104 crore only in the month June 2020 interestingly which is same as the revenue generated in the month of June in 2019. There are 23 sub registrars in the four tehsils of Indore districts including Indore, Sanwer, Depalur and Mhow. People also availed the advantage of 0.5 percent relaxation in the registry tax which was only for the June month. The Indore district registry department earned the revenue of Rs 1173 crore in the previous financial year against the target of Rs 1480 crore..